Bicycle Frames Market Report 2024: Size, Share, Growth, Trends, Forecast 2033

The new report published by The Business Research Company, titled ""Bicycle Frames Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the bicycle frames market size has grown rapidly in recent years. It will grow from $30.81 billion in 2023 to $34.62 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The bicycle frames market size is expected to see rapid growth in the next few years. It will grow to $56.05 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%.

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Surge In Bicycle Usage Propels Growth In The Bicycle Frames Market
The increase in use of bicycles is expected to propel the growth of the bicycle frames market going forward. Bicycles refer to a vehicle with two wheels in tandem, handlebars for steering, a saddle seat, and pedals by which it is propelled. The improvements in social infrastructure in developing countries have encouraged people to opt for cycling as a transportation medium. The increasing demand for bicycles also increases the demand for bicycle frames. For instance, in 2021, according to CBC News, a Canada-based news broadcast media has mentioned an increase in bicycles by 75%. Therefore, the increasing use of bicycles is driving the growth of the bicycle frames market.

Giant Manufacturing Redefines The Bicycle Frames Market With The Launch Of XTC Advanced SL 29
Product innovations are a key trend gaining popularity in the bicycle frames market. Major companies operating in the bicycle frames market are focused on developing new product innovation solutions to strengthen their position in the market. For instance, in February 2021, Giant Manufacturing Co. Ltd., a China-based bicycle designer, and manufacturing company, introduced XTC Advanced SL 29 as a new bicycle framework. This new product is lightweight, efficient, and provides a competitive advantage for climbing, accelerating, and spiriting.

The bicycle frames market covered in this report is segmented -
1) By Type: Mountain, Hybrid, Road, Other Types
2) By Material: Aluminum, Steel, Carbon Fiber, Titanium, Other Materials
3) By Distribution Channel: Online, Offline

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Major companies operating in the bicycle frames market report are Harison International, Fiend BMX, Pinion GmbH, Grimaldi Industri AB, Giant Manufacturing Co. Ltd., PIERER Mobility AG, The Cannondale Bicycle Corporation, Ideal Bike Corporation, Trek Bicycle Corporation, SCOTT Sports SA, Advanced International Multitech Co. Ltd., Topkey Corporation, Tianjin Fuji-Ta Bicycle Co. Ltd., Worksman Cycles, Hutch BMX Bicycles, Strangerco, Specialized Bicycle Components Inc., Cicli Pinarello SRL, Merida Industry Co. Ltd., ADK Technology Limited, Cinelli Official, Kona Bicycle Company, S&M Bikes, Velocite Tech Co. Ltd., All-City Cycles, Quest Composite Technology Corporation, Dengfu Sports Equipment Co. Ltd., WeThePeople Bike Co., Fuji Bikes, Jiangsu QYH Carbon Tech Co.

Contents of the report:
1. Executive Summary
2. Bicycle Frames Market Report Structure
3. Bicycle Frames Market Trends And Strategies
4. Bicycle Frames Market - Macro Economic Scenario
5. Bicycle Frames Market Size And Growth
…..
27. Bicycle Frames Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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